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Wits Sport Transformation Fund Inspiring South African sporting success

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Page 1: Wits Sport Transformation Fund - Home - Wits University€¦ · • Bidvest Wits: Professional Soccer League Champions for the first time in 95 years • Host of the 2017 International

Wits Sport Transformation FundInspiring South African sporting success

Page 2: Wits Sport Transformation Fund - Home - Wits University€¦ · • Bidvest Wits: Professional Soccer League Champions for the first time in 95 years • Host of the 2017 International

Foreword by Professor Adam HabibVice-Chancellor and Principal, University of the Witwatersrand

Student sport and university sport codes have been one of the most important cornerstones and enablers of South African sporting achievements. Many Olympic and international medal winners and other success stories have come through the university system.

However, Wits believes that universities can play an even bigger role, particularly with regard to transformation. University success in transforming our sporting teams is critical to achieving transformation targets at provincial and national level.

The establishment of the Wits Sport Transformation Fund will facilitate this by providing talented student athletes from poor and marginalised backgrounds with the opportunity to attend this world-class institution.

Wits is internationally recognised and distinguished for its research and academic excellence, and its commitment to social justice. However, we also have world class infrastructure that attracts elite athletes, coaches and events, and we thus offer our students the opportunity to excel in academic and sporting activities alike.

With the launch of the Wits Sport Transformation Fund, we hope to enable this opportunity for an even more diverse group of talented student athletes. With your support, we will contribute to their success, and the success of Wits Sport and South African sport as a whole.

This launch coincides with, and will further build on, the remarkable successes that Wits Sport has achieved across a range of codes over the past few years. These feats make us extremely proud.

South Africa has a history of using sport as a vehicle to heal, transform and make a positive difference in society. We think that this initiative goes a long way towards encouraging these possibilities.

Our most recent sporting successes in 2017• University Sports South Africa: Basketball Men and Women National Champions • University Sports South Africa: Rugby and Hockey Semi-finalists• Bidvest Wits: Professional Soccer League Champions for the first time in 95 years• Host of the 2017 International Hockey Federation World Hockey League Semi-finals

Page 3: Wits Sport Transformation Fund - Home - Wits University€¦ · • Bidvest Wits: Professional Soccer League Champions for the first time in 95 years • Host of the 2017 International

Wits Sport Transformation Fund

Inspiring South African sporting success

The Wits Sport Transformation Fund gives an opportunity to students who have sporting and academic talent, yet are financially disadvantaged. It enables them to attend Wits University, a remarkable institution which is internationally recognised and distinguished by its excellent research, high academic standards and commitment to social justice.

In addition, Wits welcomes elite athletes as students and works to ensure that students leave Wits as well-rounded individuals with both academic and sporting achievements. Wits University believes that universities can play a catalytic role in the transformation of our national sporting teams and in some cases, even entire codes.

As Wits contributes to transforming the private and public sectors through increasing the pool of highly skilled young professionals, so too can we contribute to the world of sport. Wits will achieve this transformation through its commitment to its student athletes. To be successful in this ambitious endeavour, we will offer generous scholarships, accommodation and meals to talented student athletes.

The Wits Sport Transformation Fund is being launched to achieve this. We need your support.

Wits is ready to discuss exciting partnerships with all parties who have a keen interest to transform and raise the performance of our national sporting codes. We look forward to discussing our ambitious plans with all our prospective partners across the private and public sectors, government agencies and individuals – be they successful sportspeople in their own right, or those who enjoy sport and believe in the transformational power of sport to unite a complex society.

Our first recipients will be announced in 2017 – and their scholarships will be awarded for the 2018 academic year.

Wits University believes that universities can play a catalytic role in the transformation of our national sporting teams and in some cases, even entire

codes.

To be successful in this ambitious endeavour, we offer generous scholarships for studies, accommodation and meals to talented student athletes. To

achieve this, we need your support.

Page 4: Wits Sport Transformation Fund - Home - Wits University€¦ · • Bidvest Wits: Professional Soccer League Champions for the first time in 95 years • Host of the 2017 International

Socio-EconomicDevelopment

SkillsDevelopment

Ownership andEquity EquivalentInvestments

Ownership and Equity Equivalent Investments

Skills DevelopmentWits under-and post-graduate programmes align to B-BBEE Skills Development Learning Programme Matrix contained in the B-BBEE Codes, an ideal opportunity to invest in your Human Resource Talent Pipeline

SED ContributionDiscretionary donations that could be utilised for sport fields, equipment, educational infrastructure and other university activities

Wits Sport Transformation Fund

Benefits of Investing

Wits provides individual tax benefits associated with donations, as well as business and Broad-Based Black Economic Empowerment (B-BBEE) solutions. The revised B-BBEE codes offer greater incentives for the private sector and higher education to work together.

The Wits Sport Transformation Fund will be the recipient of all donations received and provides attractive B-BBEE investment solutions for companies. An additional opportunity exists to become an official B-BBEE partner of Wits University through an equity partnership with the Wits Empowerment Trust.

A unique opportunity exists to claim B-BBEE scorecard points under the three priority element codes:

Why not consider the Wits Sport Transformation Fund as your B-BBEE beneficiary through your B-BBEE equity partnership with the Wits Empowerment Trust?

Page 5: Wits Sport Transformation Fund - Home - Wits University€¦ · • Bidvest Wits: Professional Soccer League Champions for the first time in 95 years • Host of the 2017 International

The Wits Empowerment Trust as your B-BBEE partner – an innovative way to drive theWits Sport Transformation Fund

Corporate partners of the Wits Empowerment Trust who elect the Wits Sport Transformation Fund as the B-BBEE beneficiary will see dividends channelled to the Fund as illustrated below.

The Wits Empowerment Trust is a credible and enduring shareholder that provides broad-based ownership credentials to investment entities while furthering the educational requirements of unfunded student beneficiaries. These students are defined as ‘new entrants’ and represent a broad-based group that presents an additional five points on the ownership scorecard. Wits will encourage a minimum grant of shares to the Wits Empowerment Trust to ensure full Net Value equity compliance from day one.

Wits Empowerment TrustWits Sport

Transformation Fund

StudentRecipients

DIVIDENDS

Company

Page 6: Wits Sport Transformation Fund - Home - Wits University€¦ · • Bidvest Wits: Professional Soccer League Champions for the first time in 95 years • Host of the 2017 International

Soccer• 2017 - Bidvest Wits: Professional Soccer League Champions

Basketball• 2017 - Men and Women National University Sports South Africa Champions – first time ever• 2016 - Men’s National USSA Champions • 2016 - Women, USSA, GUBL and ICSL finalists

Rugby• 2017 - Pirates Grand Challenge: Semi-finalist – first time ever• 2017 - University Sports South Africa: Semi-finalist – first time ever• 2017 - Varsity Cup: 5th Place finish. Best finish ever by a new team (included a win over the defending Champions)• 2016 - Varsity Shield Champions • 2016 - Rugby U/20 Assupol Cup Champions• 2016 - Rugby - Gauteng Sports Awards Team of the Year Nominee

Aquatics• 2016 - Waterpolo: Women’s Premier League Champions – first time ever• 2016 - Water polo: Gauteng Sports Awards Coach of the Year and Upcoming Player of the Year Nominee

Cricket• 2016 - Cricket Premier League Gauteng T20 Champions - first time ever

Hockey• 2017 - Varsity Hockey Women Semi-finalist – first time ever• 2017 - Men and Women USSA Semi-finalist – first time ever• 2016 - Varsity Hockey Men’s Semi-finalists- first time ever• 2016 - Hockey Premier League: Men finalists, Ladies semi-finalists

Martial Arts• 2017 - Tang Soo Do: 30 Medals at the Arnold Classic Africa• 2016 - Tang Soo Do: 33 Medals at World Martial Arts Championships

Rowing• 2016 - Women’s Fours University Sports South Africa Champions

Hosting of National and International Events• 2017 - International Hockey Federation: World Hockey League Semi-Finals• 2017 - University Sports South Africa Tournaments: Rugby, Hockey, Chess, Gymnastics, Football• 2017 - Engen Knockout Football Challenge• 2016 - University Sports South Africa Tournaments: Hockey, Basketball• 2016 - South African Schools Sport Championships

Wits Sport Recent Successes

3734

Wits University Provincial Representationin 2016

Wits University National Representationin 2016

Page 7: Wits Sport Transformation Fund - Home - Wits University€¦ · • Bidvest Wits: Professional Soccer League Champions for the first time in 95 years • Host of the 2017 International

Wits

Spo

rt C

odes

Aquatics Boxing

Cricket

Snow Ski

Gym & Aerobics

MountainClimbing

Underwater Scuba & Hockey

Football

Table Tennis

Hockey

Rowing

Basketball Chess

Fencing

Squash

Gymnastics

Netball

Yachting

Futsal

Tennis

Martial Arts

Rugby

Page 8: Wits Sport Transformation Fund - Home - Wits University€¦ · • Bidvest Wits: Professional Soccer League Champions for the first time in 95 years • Host of the 2017 International

Support the Wits Sport Transformation Fund

Several unique benefits make it attractive to invest in this extremely important initiative, including the following:

• A unique opportunity to change the lives of potential elite athletes through the provision of quality tertiary education and exposure to leading sport practices.• All contributions made to the Wits Sport Transformation Fund provide attractive B-BBEE investment solutions for corporates as well as tax benefits for individuals.• The initial capital amount will be invested and only the interest earned will be apportioned as scholarships (i.e. 85% utilisation, 15% re-invested).

How to make your contribution to the Wits Sport Transformation Fund:

Adrian Carter - Director of Wits Sport [email protected] 717 9419

A unique opportunity to change the lives of potential elite athletes through the provision of quality tertiary education and exposure to leading sport practices

We believe in our ambitious sport transformation programme

For more information on the Wits Sport Transformation Fund, kindly contact:

1 2To donate online, Visithttp://www.wits.ac.za/givingtowits/and click on Support Us. This will take you to a donate page. Then please select Wits Sport – which will automatically defer to the Wits Sport Transformation Fund. Please then make your donation.

If you wish to make a direct deposit, the bank account details are as follows:

University of the Witwatersrand FoundationStandard Bank of South Africa Ltd, BraamfonteinBranch Code: 00 48 05Account Number: 00 290 0076SWIFT Code: SB-ZAZ-AJJ-480502Reference: L14645

Page 9: Wits Sport Transformation Fund - Home - Wits University€¦ · • Bidvest Wits: Professional Soccer League Champions for the first time in 95 years • Host of the 2017 International

Wits Sport Transformation FundInspiring South African sporting success

For more information on the Wits Sport Transformation Fund, kindly contact:

Adrian Carter - Director of Wits Sport [email protected]

011 717 9419